Nigeria's Trans Niger oil pipeline, a key crude oil export route, is now fully restored and operating normally after a recent blast, despite ongoing challenges of pipeline sabotage and crude oil theft.
Uganda's EACOP pipeline project receives first tranche of external financing from consortium of institutions, including commercial banks and Afreximbank, amid environmental concerns and opposition from Western banks.
After 20 years of dormancy, Nigeria's Port Harcourt refinery has achieved 180 days of continuous operation, marking a significant milestone in the country's push for self-sufficiency in petroleum product supply.
Nigeria's state-owned oil giant, NNPC Ltd, is in the final stages of securing a listing on the capital market, marking a significant milestone in the country's energy sector.
Nigerian National Petroleum Company Limited (NNPC Ltd) is in the final stages of securing a listing on the capital market, engaging partners for its Initial Public Offering (IPO) through the 'NNPC Ltd. IPO Beauty Parade' initiative.
OPEC's latest report shows Nigeria as the top oil-producing country in Africa for February 2025, with Libya and Algeria following closely behind.
Uganda takes a significant step towards energy independence with a UAE-backed company securing a contract to build the country's first crude oil refinery, expected to refine 60,000 barrels per day.
Uganda implements steepest power price cut in 20 years, driven by a strengthening currency and reduced import costs, benefiting consumers and economy.
Government sources indicate the Naira-for-Crude strategy may continue, despite Dangote Refinery's doubts, to mitigate fuel price increases and economic instability.
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